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LLPs & partnerships

Specialist advice for LLPs & partnerships and the individuals who own, manage and work within them.

LLPs and partnerships present a unique range of issues that require a distinct approach.

Recognised as a leading specialist practice in this area, we advise on the full range of contentious and non-contentious issues affecting LLPs and partnerships and the individuals who work within them.

Our clients include UK and international businesses and individuals in professional services (among them accountants, patent attorneys, surveyors, architects, and lawyers – we’re often known as the “lawyer’s lawyers”), financial services, property development, advertising & marketing and other creative industries.

Offering a joined-up approach across legal specialisms, we also have extensive experience supporting LLPs and partnerships on regulatory, commercial, data protection, real estate, employment and workplace investigation matters.

Our services

Structuring & governance

With a limited legislative framework and few supporting case precedents in the context of LLPs, it is vital that full consideration is given to the structuring and governance of an LLP or partnership.

For any sophisticated business, the contractual terms agreed under the LLP or partnership agreement will need to govern issues ranging from decision making, profit sharing, financing, business protections, partner duties and obligations and new partner admissions, through to partner exits (and related rights and obligations), transaction events and winding up.

Regularly working with business founders, business leaders, management bodies and in-house legal counsel on a broad range of advisory projects and issues, we can support you on issues including: